Dec 29, 2012 5:00am PST
? >> so in fact it very important to our foreign policy and we're exporting our way of thinking of intellectual property. >> this is treasury secretary tim geithner slamming china on exactly this. >> we're seeing china continue to be very, very aggressive in a tragedy that they started decades ago which goes like this, we want you to tell to our country, we want you to come produce here. if you want to come produce here, we want to you export from china. if you want to come to produce here, you need to transfer your technology to us. and they have made possible systematic stealing of intellectual property of american companies and have not been aggressive in putting in the protection for the intellectual property that everyone needs. >> this is one of the big objectives is making sure that there are legal agreements in place that are going to export our intellectual property regime. >> right. and economic espionage is something that could be draining america of economy. what i'm trying to get is a balance between the public access and the investors incentive and that's where we'
Dec 29, 2012 3:00am PST
the right pick? does that make him a defense expert? >> no. he is not a defense expert dave. foreign policy expert. what we need in a very complex world today ratcheted by wars in afghanistan. cyber war. threats from iran, north korea, china, et cetera. and a defense department has more than 3 million people scattered across this world. it's someone that really understands defense. someone that's spent their entire life working the bureaucracy that knows the industrial base that knows soldiers. you know, i have nothing against senator hagel. he is a fine man. i have met him before. i think he is well-intended. but what we need are people like michelle floornoid. ash hammer. we need people who know the systems inside-out. the president needs the best advice in a time of war and time of crisis. we are forcing says questions station. tenuous time for armed forces given all these threats. >> dave: after what john boehner said on friday it looks like sequestration could actually happen. the question is why does the president want chuck hagel. when you look at his background. maybe not a defense